Can you imagine the children and neighbors of seniors in India (or the United States) subjecting the seniors to verbal and physical abuse over their decision not to sell or transfer their property? Sounds like the children want to sell the house and pocket the money. If they lived in the United States in 2005, […]
Category: International
Last Wednesday, the Wall Street Journal ran an article that discussed the large institutional lenders and government sponsored entities (Fannie Mae and Freddie Mac) lack of participation in the federal government’s affordable housing tax credit program. As these companies have losses associated with write downs and credit related issues, their need for the tax credits […]
Whether you live in the United States or abroad, common themes keep arising when it comes to Senior Housing. Some of the trends presented at a recent conference in Melbourne, Australia include housing for seniors within universities, alongside golf courses, above retail shopping centres and even set over railway stations. Some observations include that the […]
Legendary businessman Sam Zell’s Equity International acquired two minority interests in senior housing developers in Great Britain and New Zeland. The two privately held companies that were invested in were London-based Renaissance LifeCare PLC and Sanctuary Residences of Auckland, New Zealand. With aging populations and a lack of high-quality housing, retirement real estate presents a “considerable […]